What FATF Recommendation 16 - Travel Rule for Virtual Assets 2019 (Updated 2023): Originator and Beneficiary Information Transmission Requirement (Name/Account/Address) for Transfers over USD/EUR 1,000, VASP-to-VASP Obligations, Sunrise Issue Guidance and Technical Solutions requires
FATF Recommendation 16 requires Virtual Asset Service Providers (VASPs) to collect, verify, and transmit originator and beneficiary information for virtual asset transfers exceeding USD/EUR 1,000, including name, account number, and physical or digital address. This applies to all VASP-to-VASP transactions and is a core anti-money laundering (AML) and counter-terrorist financing (CFT) obligation under the FATF framework.
Pillar: Financial Crime, AML & Sanctions · Authority: Financial Action Task Force (FATF) · Version: 1.0.1 · Last updated:
Primary source: https://www.fatf-gafi.org/en/publications/Fatfrecommendations/Guidance-rba-virtual-assets-2021.html
SHA-256 integrity: 794d39332d5fe7ae4f2268a6e9accbb7e1ec48adb50b62f3b10aa2e3fa4bb025
Primary Citations — 5 traced to source
- FATF Recommendations, https://www.fatf-gafi.org/en/publications/Fatfrecommendations/Guidance-rba-virtual-assets-2021.html, see source document, 2021
- FATF Guidance on a Risk-Based Approach to Virtual Assets and Virtual Asset Service Providers, https://www.fatf-gafi.org/en/publications/Fatfrecommendations/Guidance-rba-virtual-assets-2021.html, see source document, 2021
+ 3 more citations (full bibliography, deterministic workflow, actionable schema and crosswalks) included in the vault unlock — $0.01 via Skyfire / L402 / Direct Base USDC.
Access
- Discovery (free): /api/v1/nodes/fatf-virtual-assets-travel-rule-recommendation-16.json — 6-field metadata
- Vault (full node): /api/v1/vault/nodes/fatf-virtual-assets-travel-rule-recommendation-16.json — full 13-key payload, $0.01 USDC (L402/Skyfire/Direct Base)
- Canonical URL: https://bidda.com/intelligence/fatf-virtual-assets-travel-rule-recommendation-16
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